HomeMy WebLinkAbout2729 and shall per(orm, comply wilh and a6ide by each and e~~ery the agreeme~ts, stipulatlo?u, conditioru and
rnnenanls lhercoJ, and of Ihis mortpage. Ihen Ihis mortga~e. and ~he estate hereby c~rated, sl~all cease, de-
termine and 6e null and ~~id.
f~~p mort~a~or her~+tiy f
u?ther covenanls and agrees to pny promptly when dus the principal and
inferest and ofher sums of money provicrec~ for in saicl note anc~ t~is mortgage, o~ elf~er: lo pay aI! and
sinflu~ar the lares, as~rssments, IPl~tP9, ~tabi~ifiea, ob~igafions, ane~ encumbmncea o~ every nalure on satc~ pro-
perly: fo permil, commif or suj~er no wasfe, tmpai~ment or c~eteriorafion oF saic~ ~and or ihe improvements
Ihereon a! any lim~; !o k~P ~hp 6tti~din~s nou? or herna)ter on saic{ ~ancr f u~~y insuret~ in a sum o( not ~ess
i~an
in a comnany or companies accepfab~e to fhe mortgagee, fhe po[«y o~ ~l~~ta: fo be tie~ by, and payuble
to, said mortgagee~, and in the event any sum oj money becomes paya6le 6y virtue o~ such insurance ihe
mortg~~ep shall ieave tlie ri~ht lo recei~Te and apply Ihe some to the indebledness hereby secured, aceounting
fo 1{~e mortgo~or ~or any surp~tu; ~o ~xiy ntl costs, c~arges, and expenses, inc~utltng ~owyer s Jees antl tit~e
sParches, rensona6ly incurre~l o~ paid by fhe mortgagee 6ecause o~ tl~e jailure o) t6e mortgagor to promptly
nnd (ully comply with the apreements, slipulafions, conditions and eovenants oj said nofe and thts mortgage.
or eilher; fo perJorm, comply u~ith ~and a6ide 6y each and ei~ery the agreements, sfipu~attons, condiliores anc~
covenants set /orlh in said note and this mortgage o~ either. ln !{~e event the mortgago~ ~uils ta pay wl~en
due any tn~c, assessment, insurance premium or othe~ sum of money paya6le 6y i~irtue oj satd nole and thta
mortgage, or either. Ihe morfgagee may ~y ~he same, witf~out waiving o~ ujfecfing the opfion fo jorec~ose
o~ any other ri~ht hereunder, and all such payments shall 6en~ inlerest f?om date thereo) ot the I~ighest law-
(ul rate d~en allo~ved 6y tl~e laios oj t1~e Stat~ o( Florida.
Dl any sum oj money I~erein re(errec~ l0 6e not promptly paid within ttl~l't~t c~ays next a~ter
the sam~• b~comes clue, or iJ each and every the agreements, stipulaiions, conditions and covenants o~ said
note and tl~is mo~tryac~e. or eil6er, are not (ully performe~d, complied with and a6tded 6y, then Ihe entire
sum menlioned in said note, and this mortgage, or the entire. 6alance unpaid thereon, sF~all ~orthwith or
therea(ter, at th~ option of the morfgogee, bpcome nnd 6e due and payn6le, anything in said note or he?etn
lo Ihe conlrary notu~itl~stnntlinfl. Failure by Ihp mortgagee fo exer~cise anq o~ t~e ?ig~ts or opt~ons he?etn
proi~iclecl s~a~~ not consfifutP a u~ai~~er ol any rig~ls or options uncrer saic~ nofe or f{~is mortgage accruecj or
t{ierna~ter accruin~.
~n ~itness ~hereof~ 1f~e said mortgagor has hereunto signecl and sealed. these presents tl~e
~ay an~ yc~ar ~irsf a~re ~vritlen.
Signed, sealed and d~Iine c~ in fhe presencp of : /
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~ STATE OF FLORID:1, ~
~ cou~~rv oF St . Luc ie
I HEREBY CERTIFY that on this day, beforc me, an
~ ~ officer duly authorized in the Statc aforesaid and in the Wuntp aforesaid to tak~ acknowledqments, p~rsonally appeared
B13a Caynon
to mc known to be the p~•rson deuribed in and who executecl the (or~qoin¢ instrument and ghe ~,ti:ack~tio~?k~~+ed .
i beforc mc that She ~xccuted the same. .~L{•'~ d~)1~'~,
' ~1'IT\ESS rtty hand and officiat scal in thc Count}• and Statc last aforesaid this 1~ d~~'~:
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1110V¢I~b6i' A. D. 19 69~ '•T : ~ ` ~ : ~
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